Business
Stories in this category
Finance Minister, Deputy publicly file taxes, urge Nationwide compliance
The Minister for Finance, Dr Cassiel Ato Forson, and his Deputy, Thomas Nyarko Ampem, have publicly filed their annual tax returns as part of efforts to promote voluntary compliance and strengthen public trust. Speaking after the exercise, Dr Forson said the decision to file publicly was deliberate. “We did so for a si...
Petroleum tax reduction will not affect 2026 budget – Amin Adam tells gov’t
The Ranking Member on Parliament’s Finance Committee, Dr Mohammed Amin Adam, has argued that reducing taxes on petroleum products will not negatively affect the 2026 Budget, despite rising concerns over fuel prices. In a Facebook post on Friday, April 3, he stated that government has enough fiscal room to accommodate a...
Ghana to host 2027 World Cocoa Foundation Partnership Meeting
The World Cocoa Foundation (WCF) and the Ghana Cocoa Board (COCOBOD) have announced that Ghana will host the 2027 World Cocoa Foundation Partnership Meeting. The announcement was made on Wednesday, May 21, 2026. The meeting is scheduled to take place from March 16 to March 18, 2027. The event is expected to bring toget...
CUTS lauds BoG on suspension of proposed MTN new charges
CUTS International Accra, a leading public policy think tank on consumer protection and competition policy advocacy organisation commends the Bank of Ghana (BoG) for its prompt intervention in suspending the proposed 0.75 percent wallet-to-bank transfer fee announced by Mobile Money Fintech Limited (MMFL), the operator...
Fuel shortages unlikely despite Middle East tensions – TOR assures Ghanaians
The Corporate Affairs Officer in charge of External Affairs at the Tema Oil Refinery, Godwin Mahama Ayaba, has assured Ghanaians that the country is unlikely to experience fuel shortages despite rising tensions in the Middle East, citing Ghana’s diversified petroleum import sources and growing local refining capacity....
Minority sound alarm over second cocoa price reduction
The Member of Parliament for Offinso South and Ranking Member on Parliament’s Food, Agriculture and Cocoa Affairs Committee, Dr. Isaac Yaw Opoku, has alleged that the government is planning another reduction in the cocoa producer price. He has therefore urged cocoa farmers to organise an urgent protest to prevent the m...
MPC maintains policy rate at 14.0% after 130th meeting
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept the policy rate at 14.0 percent after the completion of its 130th meeting. According to the committee, its assessment of domestic and external risks to Ghana’s inflation, which is currently at 3.4 percent, revealed a broadly balanced situation. The...
Ghana Medical Trust Fund partners MGL to boost healthcare access
The Ghana Medical Trust Fund is intensifying efforts to bridge gaps in healthcare financing by partnering with the Multimedia Group Limited (MGL) to educate Ghanaians on support available for medical conditions that fall outside the coverage of the National Health Insurance Scheme (NHIS). The Board and management of th...
Development Bank Ghana marks five years of catalyzing private sector growth
Development Bank Ghana (DBG) has announced plans to commemorate its fifth anniversary at a media launch held on June 16, 2026. The two-day anniversary celebration, scheduled for November 16 and 17, 2026, will showcase the bank’s impact over the past five years and reaffirm its commitment to supporting the growth of Gha...
Fuel prices have risen by more than 33% in Ghana since the start of the year – JoyNews Research
Petrol and diesel prices in Ghana have risen by more than 33% since the start of the year, according to industry data tracked by JoyNews Research, piling pressure on households and businesses still recovering from the country’s worst economic crisis in a generation. The National Petroleum Authority raised its benchmark...
Nandom Community Bank records GH₵81.8m asset growth as stakeholders rally for urgent recapitalisation
Nandom Community Bank has recorded an impressive jump in total assets to 81.83 million Ghana cedis, but stakeholders at its 44th Annual General Meeting have issued a unified, urgent appeal for shareholders to inject fresh capital to meet the Bank of Ghana’s impending 5-million-cedi minimum threshold.
Banks’ pre-tax profit jumps 40% to GH¢23bn
Ghana’s banking sector recorded a strong improvement in profitability in 2025, with profit before tax (PBT) rising by 39.8 per cent to GH¢23 billion, up from GH¢16.5 billion in 2024.